Oil loses a bit more ground

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Oil loses a bit more ground

After hanging around close to $100 most of the morning, oil has turned a bit further south and now...

After hanging around close to $100 most of the morning, oil has turned a bit further south and now trades at $99.19, down $0.92 on the day. We;re seeing a bit of general “risk0off” in the wake of very poor US economic data 45 minutes ago....